Lions Bay Capital Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on August 11, 2025. The first tranche comprises a total of 6,875,000 units of the Company at a post consolidation price of $0.10 per Unit for aggregate gross proceeds of $687,500. Each Unit consists of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.20 expiring August 28, 2027. A strategic partner based in the UK has purchased 3,525,000 Units in the first tranche and is expected to purchase the remaining 3,975,000 Units available in the financing in the second tranche upon TSX-V approval. The Company intends to use the net proceeds raised...